City of Surrey's 2021 - 2025 Financial Plan

DRAINAGE—FINANCIAL SUMMARY

(in thousands)

2019

2020

2020

2021

2022

2023

2024

2025

REVENUE SUMMARY

ACTUAL ACTUAL BUDGET BUDGET PLAN PLAN PLAN PLAN

Drainage Parcel Tax Special Assessment

$

39,015

$

40,639

$

40,849

$

42,013

$

43,203

$

44,348

$

45,525

$

46,733

22

19

27

27

27

27

27

27

Taxation

39,037

40,658

40,876

42,040

43,230

44,375

45,552

46,760

Developer Contributions

200

79

250

234

234

234

234

234

Investment Income

5

46

138

56

140

191

224

259

Transfers from Other Governments

788

213

-

-

-

-

-

-

Other Revenue

114

163

124

150

153

156

159

162

TOTAL REVENUE

$

40,144

$

41,208

$

41,388

$

42,480

$

43,757

$

44,956

$

46,169

$

47,415

EXPENDITURE SUMMARY

Operational Expenditures

$

15,438

$

13,153

$

13,603

13,515 $

$

13,779

$

14,049

$

14,324

$

14,738

TOTAL EXPENDITURE

15,438 $

13,153 $

13,603 $

13,515 $

13,779 $

14,049 $

14,324 $

14,738 $

TRANSFERS SUMMARY

Transfers To/(From) Capital Sources Transfers To/(From) Operating Sources

$

11,998 12,708

$

17,147 10,908

$

14,497 13,288

12,989 $

$

13,345 16,633

$

14,127 16,780

$

15,661 16,184

$

17,706 14,971

15,976

TOTAL TRANSFERS

24,706 $

28,055 $

27,785 $

28,965 $

29,978 $

30,907 $

31,845 $

32,677 $

Surplus/(Deficit)

$

- -

$

- -

$

- -

$

- -

$

- -

$

- -

$

- -

$

- -

NET DRAINAGE

$

-

$

-

$

-

$

-

$

-

$

-

$

-

$

-

Drainage Operations 51.0%

Capital 49.0%

City of Surrey | 2021—2025 Financial Plan | Utilities Operating Fund | Drainage

291